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Ski Mask Dog price is up over 1,038% in the weekly time frame following an 85% surge in the past 24 hours to trade at $0.3633 as of 2:57 a.m. EST as FOMO investors buy the room itself.
With the recent surge in SKI price, the crypto was also able to set a new all-time high in the last 24 hours.
Dog Ski Mask Price Breaks Another Resistance
1 hour chart for SKI/USD (Source: GeckoTerminal)
Ski Mask Dog price broke above the resistance level at $0.3131 and is now trying to turn the barrier into support, according to GeckoTerminal data. Establishing a position above this mark could give the coin the technical base was expected to reach the next resistance at $0.3559.
However, a return below $0.3131 could invalidate the bullish thesis. In this more bearish case, Ski Mask Dog price could risk testing the $0.2745 support. Losing this technical crutch could then lead SKI to fall to $0.2398.
Bulls Still Control Ski Mask Dog Price
From a technical perspective, indicators on the hourly chart of the meme coin suggest that the price of Ski Mask Dog could continue to rise in the coming hours. The Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) are flashing higher on the hourly chart.
Recently, the MACD line has broken above the MACD Signal line. Traders generally interpret this specific technical event as an indication that a crypto entered a positive trend. With the growing gap between the MACD and MACD Signal ranges, it appears that SKI’s positive momentum is also accelerating.
The RSI corroborates the increasing bullish momentum suggested by the MACD on the hourly chart, with the current RSI reading in the 70s. The latest RSI reading could indicate substantial buyer strength. Additionally, the positive slope of the RSI line suggests that buyers continue to gain strength against sellers.
As SKI attempts to maintain its bullish momentum, investors are turning to its rival Meme Coin. Flockerz (TROOP) for potential wins of 100X.
A truly decentralized, community-driven coin
Flockerz (FLOCK) is an innovative coin. At the heart of the crypto ecosystem is its vote-to-win mechanism, which rewards token holders for actively participating in the project’s frequent governance votes.
Not only can FLOCK holders expand their bags by voting on important decisions, but they can also make their voices heard. Many projects claim to be fully decentralized and community-centered, but this is often not the case. This is where FLOCK stands out.
Another advantage of FLOCK is that it will be able to keep its community members actively engaged in the project thanks to its vote-to-win mechanism in the long term, which is something that even non-meme coin projects have difficulty achieving.
With its community focus and high degree of decentralization, it’s easy to see why many experts have come forward to share their bullish predictions for FLOCK. Among them is an analyst from the YouTube channel 99Bitcoins, which has more than 706,000 subscribers. In a recent video, the analyst said that FLOCK could increase 100 times after its launch.
Investors rush to buy FLOCK during its presale for high rewards
Flockerz has already raised over $4.5 million through its ongoing ICO as investors bet big on the project’s future. This buying frenzy around FLOCK at this early stage could continue given the lucrative pre-sale opportunity made available to investors. Anyone who buys and stakes on FLOCK will now unlock access to a 550% APY.
💙 The herd can’t stop! 💙
We just passed 4.5 million and the party will continue here in Flocktopia!
Feeling a little FOMO? Participate in the presale here: pic.twitter.com/DidEoRMDc3
– Flockerz (@FlockerzToken) December 5, 2024
To participate in this high-stakes APY, investors will first need to purchase the meme coin via the simple in-app purchase widget on the project’s website. Priced at $0.0062494, FLOCK can be purchased with crypto or bank card.
Once purchased, investors will only need to go to the staking page on the website and lock their newly acquired FLOCK tokens to benefit from attractive passive rewards.
Buy and stake FLOCK here for 550% APY.
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